FAQs About Physician Disability Insurance

Medical professionals have questions about common insurance policies that could provide them with major benefits. The policies provide benefits according to the doctor’s status in their medical program as well as any specialty that the doctor selected. A local insurance provider can provide answers to questions related to Physician Disability Insurance for these medical professionals.

Can Doctors Increase Their Coverage Value?

Yes, medical professionals can increase their disability insurance coverage value each time that their salary increases. They can submit forms to the insurer providing evidence of their new salary. The insurer will adjust the doctor’s disability benefits according to this salary increase to provide more adequate coverage.

Do Disabled Doctors Receive Funds for Student Loans?

Yes, if the doctor is under the age of forty-five at the time of their injury or disability, they receive a repayment value for their student loans that financed their medical school program. The value of these payments does not exceed $200,000. However, to receive these student loan payments, the doctor must be completely disabled and will no longer work in the medical field or any other industry in their lifetime.

Are These Doctors Required to Undergo a Physical Examination?

No, the doctors aren’t required to submit to any physical examination. The insurance provider will not conduct any form of medical assessment to deem the doctor eligible for disability insurance benefits. They will not ask questions about previous conditions or about the physician’s current physical or mental health status.

Are There Any Additional Options for Coverage?

Physician exclusive coverage is available for doctors with specialties only. The policies can provide more extensive coverage for doctors who perform these specialties in a hospital or private practice. The coverage may increase based on the population of doctors who perform these medical services for patients in their area.

Medical professionals direct their questions about disability insurance coverage to a trusted insurance provider. The disability policies provided to these doctors are tailored to fit their job and potential risks they face each day in their respective field of medicine. Doctors who want to review these policies and terms more fully contact an insurer now.